Infinera Appoints George Riedel and Christine Bucklin to Board of Directors, Increasing Board Size to 11
01 June 2020 - 10:00PM
Infinera (NASDAQ: INFN) announced today the appointment of George
Riedel and Christine Bucklin to its board of directors, effective
immediately. Mr. Riedel brings to the board extensive executive
leadership experience in the global networking and cybersecurity
industries and an excellent track record in strategy and M&A.
Ms. Bucklin brings to the board a substantial amount of experience
in operations, strategic planning and management consulting.
“We are pleased to welcome George and Christine to
our board of directors,” said Kambiz Hooshmand, Infinera Chairman
of the Board. “George’s deep knowledge of the networking industry
and his breadth of strategic experience as a senior technology
executive will be invaluable to Infinera as we focus on building
shareholder value. Christine’s diversity of thinking, together with
her strong operational experience and strategic discipline, will
continue to strengthen the skills and perspectives of our board as
Infinera continues to drive our innovative solutions into the
world’s leading network operators and the entire optical
ecosystem.”
Mr. Riedel has served as a Senior Lecturer in the
General Management Unit at Harvard Business School since 2017. From
2014 to 2017, Mr. Riedel served as the Chairman and Chief Executive
Officer of CloudMark, Inc., a cybersecurity company, overseeing the
company’s sale to Proofpoint, Inc. in 2017. From 2006 to 2011, Mr.
Riedel served in executive leadership roles at Nortel Networks
Corporation, a Canadian telecommunications and data networking
equipment manufacturing company, including Chief Strategy Officer
and Vice President of Business Units. From 2003 to 2006, Mr. Riedel
served as Vice President of Strategy and M&A at Juniper
Networks, a networking and cybersecurity company. From 1987 to
2003, Mr. Riedel worked at McKinsey & Company, including as a
senior partner. Mr. Riedel has served as an independent director at
Xperi Corporation, a technology company, since 2013 and Cerner
Corporation, a health information technology company, since April
2019. Between 2010 to 2017, Mr. Riedel also served on various
boards, including as Chairman of Accedian Networks Inc., a Canadian
network communications software company, and as a director for
PeerApp Ltd., a caching solution provider, and NextDocs
Corporation, a compliance innovation company (acquired by Aurea
Software, Inc.). Mr. Riedel received a BS with distinction in
Mechanical Engineering from the University of Virginia and an MBA
from Harvard Business School.
Ms. Bucklin served as Managing Director, Operations
Group at Gryphon Investors, Inc., a private equity firm, from 2015
to 2018. From 2008 to 2010, Ms. Bucklin served as Senior Vice
President, Corporate Strategic Planning at Sun Microsystems, Inc.,
a technology company, prior to its acquisition by Oracle
Corporation in 2010. From 1999 to 2007, Ms. Bucklin served as Chief
Operating Officer of Internet Brands, Inc., an internet media
company. From 1988 to 1999, Ms. Bucklin worked at McKinsey &
Company, a consulting company, including as a partner. From 2011 to
2019, Ms. Bucklin served as a director for Local Media San Diego,
LLC, a radio station and event company. From 2015 to 2018, Ms.
Bucklin served as a director for Leadership Platform Acquisition
Corporation, a portfolio company of Gryphon Investors related to
educational services. Ms. Bucklin received an AB in Mathematics
from Dartmouth College and an MBA from Stanford Business
School.
“Infinera’s optical innovation leadership is one of
the many reasons I am excited about joining the board at this
time,” said Mr. Riedel. “I look forward to helping the Board and
management strategically build on Infinera’s strong foundation of
innovation to capture the significant opportunity ahead.”
“It is an honor to join the Infinera board as the
company pursues multiple growth opportunities in the burgeoning
optical networking market,” said Ms. Bucklin. “I am excited about
working with the entire Infinera leadership team to continue
redefining transport networks for global communications services
and building value for our shareholders.”
In connection with Mr. Riedel’s and Ms. Bucklin’s
appointments, Infinera’s board of directors increased from nine to
11 members. Mr. Riedel will serve as a Class I director with a term
expiring at the 2023 Annual Meeting of Stockholders and Ms. Bucklin
will serve as a Class III director with a term expiring at the 2022
Annual Meeting of Stockholders. Ms. Bucklin is the Independent
Designee as defined in the Letter Agreement between Infinera and
Oaktree Optical Holdings L.P., dated April 13, 2020.
Contacts:
Media: Anna VueTel. +1 (916)
595-8157avue@infinera.com
Investors:Michael Bowen, ICR, Inc.Tel. +1 (203)
682-8299Michael.Bowen@icrinc.com Marc P. Griffin, ICR, Inc.Tel. +1
(646) 277-1290Marc.Griffin@icrinc.com
About InfineraInfinera is a global
supplier of innovative networking solutions that enable carriers,
cloud operators, governments and enterprises to scale network
bandwidth, accelerate service innovation and automate network
operations. The Infinera end-to-end packet-optical portfolio
delivers industry-leading economics and performance in long-haul,
submarine, data center interconnect and metro transport
applications. To learn more about Infinera visit www.infinera.com,
follow us on Twitter @Infinera and read our latest blog posts at
www.infinera.com/blog.
Infinera and the Infinera logo are registered
trademarks of Infinera Corporation.
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